Record central bank buying lifts global gold demand, WGC says
Buying by central banks in the third quarter took their purchases for the year to 673 tonnes, more than the total purchases in any full year since 1967.
An international arbitration panel ruled Costa Rica does not owe Canadian miner Infinito Gold any compensation from a project cancellation 10 years ago.
India is moving closer toward setting up spot contracts for gold, finalizing rules for trading and providing the world’s second-biggest consumer a firmer grasp over setting the price of bullion.